VAT on liquor revised to a per-rupee levy, altering taxation of foreign and Indian made foreign liquor.
Substitution of Serial No. 2 in the Fourth Schedule to the Delhi Value Added Tax Act, 2004 prescribes a specific per-rupee levy on Liquor (Foreign and Indian Made Foreign Liquor) and declares the amendment effective from the stated commencement date by notification issued under Section 103(1) of the Act, with note of rescission of an earlier notification.

Rescission of VAT notification withdraws prior Schedule IV amendment, removing the specified tax-rate goods list and restoring previous regime.
Rescission of a prior notification withdraws amendments to Schedule IV of the Delhi Value Added Tax Act, 2004 altering the list of goods subject to a specified VAT rate; the rescission is effected under the Act's empowering provision and operates from the stated commencement date, thereby nullifying the earlier Gazette notification.